Are there any other requirements for how the money must be spent?

Each fiscal year, upon the recommendation of the CPC, the Town Meeting or City Council must spend, or set aside for future spending, a minimum of 10% of CPA funding for open space, community housing, and historic preservation. The remaining 70% can be divided in any way among the three purposes, or used for public recreation such as playing fields or other non-commercial recreational uses or banked for future spending.